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Economic Data Scheduled For Thursday
2020 May 28, 4:37am | 252Read More...Data on durable goods orders for April will be released at 8:30 a.m. ET. New orders are likely to declined 18.5% for April. Gross Domestic Product report for the first quarter is scheduled for release at 8:30 a.m. ET. The second estimate for quarterly growth is not projected to be revised versus...
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Many SMEs Unsure How To Benefit From New USMCA Trade Pact With Mexico And Canada
2020 May 27, 5:10pm | 683Read More...Many small and medium-sized enterprises (SMEs) across the country remain uncertain how the United States-Mexico-Canada Agreement (USMCA) will impact business, according to a new survey from DHL. DHL's 2020 International Trade Impact and Outlook survey also found that optimism for doing business in...
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June Market Outlook: Big Test Looms In New Month As States Navigate Reopenings
2020 May 27, 11:32am | 1867Read More...The stock rally accelerated in April and May amid reopening optimism even as the economy’s brakes slammed. June could help clarify whether the market anticipated things right or got a bit ahead of itself. A big test for all the recent optimism looms as every state begins the month at least...
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Costco Reports Tomorrow As Investors Examine Ralph Lauren, Toll Brothers Today
2020 May 27, 11:14am | 2264Read More...It seems fitting that as the U.S. prepares to launch astronauts into orbit today for the first time in almost a decade, the stock market has been rocketing higher for weeks. SpaceX is planning to launch two astronauts this afternoon just after the closing bell, weather permitting. SpaceX is...
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Learning How To Trade In An Extra-Volatile Market With Schaeffer's Investment Research
2020 May 27, 10:24am | 457Read More...On May 29, 2020, Benzinga is hosting its Virtual Options Boot Camp, this event will feature presentations on strategies from traders and investors across Wall Street. Among the presenters is Schaeffer’s Investment Research. COVID-19 has had a tremendous impact on the financial market these...
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Economic Data Scheduled For Wednesday
2020 May 27, 5:02am | 140Read More...The MBA's index of mortgage application activity for the latest week is scheduled for release at 7:00 a.m. ET. The Johnson Redbook Retail Sales Index for the latest week will be released at 8:55 a.m. ET. The Richmond Fed's manufacturing index for May is scheduled for release at 10:00 a.m....
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Biotech Shares In Focus As Encouraging Vaccine News Leads Broad Market Rally
2020 May 26, 10:10am | 1798Read More...Key Takeaways Novavax starts human trials for its coronavirus vaccine Costco, other retailers report earnings this week German airline will resume flights to 20 destinations next month (Tuesday Market Open) U.S. investors and traders returned from a long holiday weekend with an apparent continued...
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Economic Data Scheduled For Tuesday
2020 May 26, 4:01am | 190Read More...The Chicago Fed National Activity Index for April is scheduled for release at 8:30 a.m. ET. The S&P Corelogic Case-Shiller home price index for March will be released at 9:00 a.m. ET. The index is likely to rise 0.3% in March. The FHFA house price index for March is scheduled for release at 9:...
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Pandemic leads to 'complete disruption' of container flows
2020 May 22, 3:25pm | 582Read More...Juergen Pump, Hamburg Süd's president for North America, provided a "put yourself in my shoes" scenario for shippers during the Agriculture Transportation Coalition (AgTC) annual meeting this week. Certainly canceled sailings are a headache for shippers and there have been a lot of them during...
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The British Pound, Brexit and the Pandemic
2020 May 22, 12:20pm | 1439Read More...In the five years since the British parliament passed a law calling for a referendum on whether the UK should remain in the European Union or leave, there have been many intervening moments affecting the global economy, including the Brexit vote itself in 2016 and now the coronavirus pandemic....
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Norway's Krone Tracks Commodity Exports
2020 May 22, 12:15pm | 843Read More...When seen from a US dollar (USD) perspective, the Norwegian krone (NOK) appears to be driven by two main factors: 1) the price of oil (Figure 1), and 2) the relative value of other European currencies. This isn't too surprising given that crude oil and its refined products account for 30.5% of...
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Here's Why Jack Dorsey Is Donating $5M To Andrew Yang's Universal Income Initiative
2020 May 22, 9:59am | 596Read More...Twitter Inc. (NYSE: TWTR) and Square Inc. (NYSE: SQ) Chief Executive Officer Jack Dorsey on Thursday said he was committing $5 million to Andrew Yang's non-profit organization Humanity Forward. The funding is part of the $1 billion in Square shares Dorsey committed to novel coronavirus (COVID-...
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Economic Data Scheduled For Friday
2020 May 22, 4:26am | 41Read More...The Baker Hughes North American rig count report for the recent week will be released at 1:00 p.m. ET. As per the previous report, the total number of active U.S. oil rigs slipped by 34 to 258 rigs.
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British Columbia Reports All-Time-High Cannabis Tax Revenue
2020 May 21, 4:25pm | 160Read More...As British Columbia expands the number of both private and public marijuana stores, tax recollection keeps growing. In December, the province experienced an all-time high cannabis tax revenue since legalization in 2018. It reached CA$2.5 million (US$1.8 million). That's a 44...
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What Can We Learn From Gold's Relationship To Other Assets?
2020 May 21, 11:25am | 724Read More...Gold typically does not trade in tandem with the stock market and often the two have a negative correlation. Gold is supposed to act as a safety net when markets decline and vice versa. Gold's peak in the last two decades came during the Great Recession in August 2011, and the low...
